SOLD
Sold on 22 Nov 2023 - Price Unavailable

30 Bombala Street
Nimmitabel NSW 2631

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1165m2
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Property Details for 30 Bombala St, Nimmitabel

Building Type
Commercial
Land Size
1165m2
Local Government
Snowy Monaro Regional
Lot/Plan
2/DP505243

Last Listing description (December 2020)

This freehold commercial building is positioned on the corner of Bombala St and Clarke St, offering a prime location in the township of Nimmitabel. The historical village is an ever popular tourist stop, conveniently located between Canberra, the Sapphire Coast and Snowy Mountains. The building guarantees exposure to passing traffic on the Monaro Highway and has been successfully operated by the current owners for 22 years. There is potential to run your own business while leasing out the other two shops and granny flat at the rear of the building. The premises is currently operating as the Nimmitabel Corner Store and Community Post Office as well as the popular Lolly Shop and 'Woolly Wonders'.

The building has a generous floor area of approx. 348m2 and comprises of 3 separate shops, each with their own shop front, entrance and power meter. A separate one bedroom unit (currently tenanted for $160 per week) is attached at the rear of the building with a living room, kitchen, bathroom and storeroom. At the far end of the building there is a vacant parcel of land, which could easily be suitable for a garden supplies / nursery business.

There is Council approved infrastructure in place for a commercial kitchen including the required tiled / covered areas, exhaust system, grease trap, three phase power system and plumbing. The middle section of the building boasts a stunning area with quality fixtures which would be well suited as a restaurant dining room. The parcel of land at the far end of the building could also be transformed into an alfresco picnic area for a takeaway shop / cafe.

Distance from Nimmitabel to
- Cooma approx. 20mins
- Ski fields approx. 1hr
- Sapphire Coast approx. 1hr
- Canberra approx. 1.5hrs

Property History for 30 Bombala St, Nimmitabel, NSW 2631

A timeline of how this property has performed in the market
Last Sold
22 Nov 2023
  • 22 Nov 2023
    Sold
  • 14 Nov 2018
    Listed for Sale $375,000
  • 23 May 2018
    Listed for Sale $395,000
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About Nimmitabel 2631

The size of Nimmitabel is approximately 140 square kilometres. It has 1 park covering nearly 3.2% of total area. The population of Nimmitabel in 2011 was 224 people. By 2016 the population was 324 showing a population growth of 44.6% in the area during that time. The predominant age group in Nimmitabel is 60-69 years. Households in Nimmitabel are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Nimmitabel work in a managers occupation. In 2011, 83.2% of the homes in Nimmitabel were owner-occupied compared with 81% in 2016.

Nimmitabel has 317 properties. Over the last 5 years, Houses in Nimmitabel have seen a 118.92% increase in median value, while Units have seen a 133.07% increase. As at 31 August 2024:

  • The median value for Houses in Nimmitabel is $349,508 while the median value for Units is $490,177.
There are currently 3 properties listed for sale, and 1 property listed for rent in Nimmitabel on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Nimmitabel.

Suburb Insights for Nimmitabel 2631

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.